Α BUSINESS HEAVEN WITH DAZZLING NATURAL BEAUTIES

Saint Kitts and Nevis (SKN) is a dual-island nation situated between the Atlantic Ocean and
Caribbean Sea. It's known for cloud-shrouded mountains and beaches.

The larger of the 2 islands, Saint Kitts, is dominated by the dormant Mount Liamuiga
volcano, home to a Crater Lake, green vervet monkeys and rainforest crisscrossed with
hiking trails.

SKN is one of the smallest countries not only in Latin America and the Caribbean, but also in
the world. The two islands are separated by a 3 km channel, and together have a total land
area of 261 sq. km.

The Federation of Saint Kitts and Nevis (SKN), with a population of 50,726, is located in the
Eastern Caribbean.

SKN is a member of the Organization of Eastern Caribbean States (OECS) and of the
Caribbean Community (CARICOM). The Eastern Caribbean Central Bank (ECCB) issues a
common currency (the East Caribbean Dollar) for all members of the ECCU. The ECCB also
manages monetary policy, and regulates and supervises commercial banking activities in its
member countries. There is an extensive parallel economy denominated in US$, which is the
de facto currency for many business transactions

St Kitts and Nevis is conveniently positioned for business people. The official and business
language is English and its national currency is pegged to the US dollar.

The currency used in St. Kitts is the Eastern Caribbean dollar, which is fixed at 2.70 Eastern
Caribbean dollar per dollar of the United States of America (USD) since July 1976.

Real Estate:

The fact that St Kitts and Nevis is the most reputable option to obtain a second Citizenship-
via-Investment has attracted substantial foreign capital into the country. This fact has lifted
and maintained the stability of the property industry positioning St Kitts as a prime
investment destination, a sound investment in its own right.

Financial Services:
St. Kitts is the home of Eastern Caribbean Central Bank and the Eastern Caribbean Stock
Exchange, which are two important pillars of the regional financial sector and is one of the
more recent international financial centers to emerge in the world.

Tourism:

St Kitts is one of the most sought-after tourism destinations in the Caribbean region, with
stay over visitor arrival averaging an increase of 13,4% over the past five years. This upturn
in visitor arrival is expected to continue well into the future.

Agriculture:

The economy of Saint Kitts and Nevis has traditionally depended on the growing and
processing of sugar cane. Although sugar dominated the agricultural sector until 2005, when
it was finally abandoned as a major crop, activities such as tourism, export-oriented
manufacturing, and offshore banking have assumed larger roles in the economy.

Sources: https://www.migrationcitizen.com/countries/st-kitts-nevis.html